NASDAQ$PSKY
Paramount Skydance Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Paramount's Q3 2022 earnings were released, revealing a 5% increase in total company revenue driven by affiliate & subscription and theatrical revenue strength. Paramount+ added 4.6M subscribers, and total global DTC subscribers rose to nearly 67M. However, advertising revenue declined 2%, reflecting macroeconomic headwinds.
Paramount Global reported a 5% increase in revenue for Q3 2022. Paramount+ saw subscriber growth, adding 4.6M subscribers. Theatrical revenue increased significantly. However, advertising revenue faced a decline due to macroeconomic factors.
- Paramount+ added 4.6M subscribers, growing revenue by 95%.
- Total global Direct-to-Consumer (DTC) subscribers rose to nearly 67M.
- Pluto TV maintained its lead as the #1 free ad-supported streaming TV service in the U.S., reaching 72M monthly active users (MAUs) globally.
- Affiliate & Subscription and Theatrical Revenue Strength Drove 5% Increase in Total Company Revenue.
Headline financials
Revenue & EPS history
Paramount · Revenue · Quarterly
$6.92B
Revenue by segment
Paramount · $6.96B total across 3 segments · Q3 2022
- TV Media$4.95B+69.2%71.1%
- Direct-to-Consumer$1.23B+13.6%17.6%
- Filmed Entertainment$783M+35.0%11.3%
Forward guidance
Paramount is enthusiastic about the content coming to Paramount+ in Q4, along with the launch of the service in France, Germany, Austria, and Switzerland.
Tailwinds
- Excited about the array of sensational content coming to Paramount+ in the fourth quarter
- Looking forward to the launch of the service in France
- Looking forward to the launch of the service in Germany
- Looking forward to the launch of the service in Austria
- Looking forward to the launch of the service in Switzerland
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
-0.8%
Avg return
Earnings day
-1.6%
Avg return
5 days after
-2.7%
Avg return
30 days after
60%
24 / 40 earnings
Positive
+10.4%
Q3 2023
Best reaction
-28.4%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.4% | -0.1% | -6.5% | |
| Q4 2025 | +10.0% | +22.5% | -13.5% | |
| Q3 2025 | -0.5% | -2.4% | +3.6% | |
| Q2 2025 | -5.5% | -11.7% | +10.5% | |
| Q1 2025 | +2.2% | +1.1% | +2.1% | |
| Q4 2024 | +0.2% | +2.3% | +3.0% | |
| Q3 2024 | -4.0% | -3.2% | -4.7% | |
| Q2 2024 | -2.4% | -1.6% | -3.5% | |
| Q1 2024 | +2.9% | +8.2% | -1.8% | |
| Q4 2023 | -1.7% | -8.4% | +4.6% | |
| Q3 2023 | +10.4% | +18.9% | +46.1% | |
| Q2 2023 | +2.9% | -2.3% | -14.3% | |
| Q1 2023 | -28.4% | -27.8% | -32.7% | |
| Q4 2022 | -4.2% | -6.6% | -19.7% | |
| Q3 2022 | -12.4% | -14.6% | +6.3% | |
| Q2 2022 | +1.1% | -1.4% | -7.7% | |
| Q1 2022 | -1.3% | -7.8% | +3.8% | |
| Q4 2021 | +2.7% | -19.0% | +5.3% | |
| Q3 2021 | -4.4% | -5.5% | -17.3% | |
| Q2 2021 | +7.1% | +5.1% | +6.4% | |
| Q1 2021 | -2.4% | +1.0% | +6.6% | |
| Q4 2020 | +1.9% | +4.3% | -25.1% | |
| Q3 2020 | -6.4% | -3.5% | +18.1% | |
| Q2 2020 | +3.4% | +2.0% | +10.6% | |
| Q1 2020 | +10.3% | +22.6% | +66.8% | |
| Q4 2019 | -17.9% | -28.9% | -66.4% | |
| Q2 2019 | -17.9% | -28.9% | -66.4% | |
| Q3 2019 | -3.6% | -1.6% | -3.6% | |
| Q1 2019 | -1.4% | -5.2% | -5.6% | |
| Q4 2018 | +3.1% | +4.3% | -2.9% | |
| Q2 2018 | +3.1% | +4.3% | -2.9% | |
| Q3 2018 | +2.0% | +0.8% | -5.5% | |
| Q1 2018 | +9.1% | +5.5% | +2.5% | |
| Q4 2017 | +1.6% | -0.5% | -9.3% | |
| Q2 2017 | +1.6% | -0.5% | -9.3% | |
| Q3 2017 | +2.8% | +2.4% | +3.7% | |
| Q1 2017 | +0.6% | +0.2% | -3.4% | |
| Q2 2016 | +0.4% | +2.6% | +2.3% | |
| Q4 2016 | +0.4% | +2.6% | +2.3% | |
| Q3 2016 | +0.6% | +4.7% | +9.1% | |
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